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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Sector Investor who wrote (8235)4/17/1998 9:56:00 PM
From: michael modeme  Read Replies (1) of 42804
 
Sector, are the Oct 22.5's still trading for around $7 -- that sounds pretty cheap. I may join you in some of those. A great deal of MRVC calls seem undervalued. Under the most famous mathematical model for option pricing, the option value is determined solely by the volatility in the stock, not the mean change in the stock! -- amazing result. And given the volatility parameter for MRVC, the options look undervalued. Cheers
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